McCreary v. Bomberger
McCreary v. Bomberger
Opinion of the Court
Opinion by
The learned judge below instructed the jury to find a verdict for the plaintiff subject to the reserved question whether there was any evidence in the case to sustain such verdict. Subsequently he entered judgment for the defendant non obstante veredicto.
The learned judge was of the opinion that Sarah Bomberger took but a life estate in the land in question under the will of her husband, Lewis Bomberger. The will, so far as it applies to the present case, is as follows:
“ I give, devise, and bequeath to my beloved wife, Sarah Bomberger, my house and lot in which I now reside, and all the household furniture and other items belonging to me not herein particularly mentioned; to have and to hold the said messuage and appurtenances and goods and chattels for and during her natural life; and at the death of my said wife all the prop
The said Sarah Bomberger was made executrix of the will.
We need not discuss the extent of her interest in the real estate, for, conceding it to be but a life interest, it by no means follows that the mortgage did not bind the remainder. It will be noticed that the will gives her an absolute power of sale subject to the provision that the proceeds are to be reinvested in or secured by other real estate. It is familiar law in this state that an absolute and unrestricted power to sell includes a power to mortgage. It was said by Justice Sharswood in Zane v. Kennedy, 73 Pa., at page 192: “We cannot regard this as an open question. It was expressly decided in Lancaster v. Dolan, 1 Rawle, 231, that a power to sell does include a power to mortgage, which is a conditional sale.” We need not multiply authorities upon so plain a proposition.
It was contended, however, that inasmuch as Mrs. Bomberger did not execute the mortgage in her name as executrix, but merely in her individual capacity, that it did not bind the estate in remainder. The fact that she sealed the mortgage personally and not as executrix will not prevent its execution being referred to the power of sale, if that is necessary to carry out the intent of the parties. It is the intention of the parties that governs the construction of the instrument: Hay v. Mayer, 8 Watts, 203. The distinction settled by the decisions appears to be this: When a donee of a power to sell land possesses also an interest in the subject of the power, a conveyance by him without actual reference to the power will not be deemed an execution of it, except there be evidence of an intention to execute, or, at least, in the face of evidence disproving such an intention: Jones v. Wood, 16 Pa. 25.
We think there is abundance of evidence that Mrs. Bomberger intended to execute the power. It is true, there is no
The judgment is reversed, and it is now ordered that judgment be entered for the plaintiff upon the verdict.
Reference
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- Wills—Power to sell—Mortgage. A devisee for life who as executrix is given a power to sell the real es tale may execute a mortgage which will bind the remaindermen. Evidence of execution of power. When a donee of a power to sell land possesses also an interest in the subject of the power, a conveyance by him in his own name without actual reference to the power, will be deemed an execution of it, where there is evidence that the donee so intended. A testator gave his real estate to his wife for life and made her executrix with power to sell the real estate, “ the proceeds to be reinvested in, or secured by, other real estate,” subject to the conditions of the will. The executrix in her own name executed a mortgage on the real estate to secure the payment of the price of lumber used in the construction of a house on the premises. No reference was made in the mortgage to the power. The trustee for the remaindermen signed the mortgage. Held, that the mortgage was in execution of the power and that the remainder-men were bound by it.